Building under construction with workers

PTSG makes BEST acquisition

Specialist facilities management provider Premier Technical Services Group (PTSG) has announced the acquisition of a lightning protection and steeplejack company. Castleford-based PTSG has acquired Manchester-based Brooke Edgeley (BEST) for a day one cash consideration of £14m. PTSG also intends to conduct a non-pre-emptive cash placing to raise gross proceeds of £15m to fund the acquisition and associated costs.

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